The GDPR isn't actually as bad as people claim. The law is actually pretty reasonable. It is the result of years of discussion and deliberation. In fact, privacy watchdogs are complaining that it doesn't go far enough - it leaves plenty of holes.
Most of the GDPR is about informed consent, having a valid reason for processing personal data and individual rights.
Facebook will do just fine, they had years to prepare and an army of lawyers. It will force them to be more transparent, which is a good thing.
Many EU member states like Germany already had very similar laws in place (like the BDSG), the GDPR unifies and standardizes them.
Most of the GDPR is about informed consent, having a valid reason for processing personal data and individual rights.
Facebook will do just fine, they had years to prepare and an army of lawyers. It will force them to be more transparent, which is a good thing.
Many EU member states like Germany already had very similar laws in place (like the BDSG), the GDPR unifies and standardizes them.
Here's an excellent introduction:
https://ico.org.uk/for-organisations/guide-to-the-general-da...